As on Wednesday, Roadzen Inc (NASDAQ: RDZN) got off with the flyer as it spiked 4.63% to $1.04, before settling in for the price of $0.99 at the close. Taking a more long-term approach, RDZN posted a 52-week range of $0.71-$7.17.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 0.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 45.80%. This publicly-traded company’s shares outstanding now amounts to $68.44 million, simultaneously with a float of $17.82 million. The organization now has a market capitalization sitting at $71.18 million. At the time of writing, stock’s 50-day Moving Average stood at $0.9773, while the 200-day Moving Average is $2.9871.
Roadzen Inc (RDZN) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Software – Application industry. Roadzen Inc’s current insider ownership accounts for 73.96%, in contrast to 7.05% institutional ownership. According to the most recent insider trade that took place on Nov 22 ’24, this organization’s insider bought 3,750 shares at the rate of 0.85, making the entire transaction reach 3,188 in total value, affecting insider ownership by 779,910. Preceding that transaction, on Nov 21 ’24, Company’s insider bought 3,000 for 0.82, making the whole transaction’s value amount to 2,460. This particular insider is now the holder of 776,160 in total.
Roadzen Inc (RDZN) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
Roadzen Inc’s EPS increase for this current 12-month fiscal period is 45.80% and is forecasted to reach -0.23 in the upcoming year.
Roadzen Inc (NASDAQ: RDZN) Trading Performance Indicators
Let’s observe the current performance indicators for Roadzen Inc (RDZN). It’s Quick Ratio in the last reported quarter now stands at 0.34. The Stock has managed to achieve an average true range (ATR) of 0.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.53.
In the same vein, RDZN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.97, a figure that is expected to reach -0.09 in the next quarter, and analysts are predicting that it will be -0.23 at the market close of one year from today.
Technical Analysis of Roadzen Inc (RDZN)
Through scrutinizing the latest numbers posted by the [Roadzen Inc, RDZN], it can be observed that its last 5-days Average volume of 0.14 million was lower the volume of 0.62 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 80.96% While, its Average True Range was 0.1050.
Raw Stochastic average of Roadzen Inc (RDZN) in the period of the previous 100 days is set at 16.67%, which indicates a major fall in contrast to 86.84% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 112.93% that was higher than 112.24% volatility it exhibited in the past 100-days period.
